The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-01-28
Will There BIZ WAR?
THE QUESTION DISCUSSED BY
NEW YORK FINANCIRRS.
The General Opinion Is that II Is
Not Imminent but that Trou-
BILE Is Brewing.

NEW 1Ohkt JhHuhIy Zi.-
rumors have been pretty freely dis
cussed in the financial and commercial
circles since the increased gravity oil
the symptoms OF European compiled,
tions. There Is q great conflict OF opin,
ion though "a to what wi | be the out
co ne OF all this belligerapt talk anG
bluster on the other side OF the At
lantic. In the main the majority o
the financial men believe that war will
come in the nea future, but whether
it is imminent now is o question on
which few care to hazard an opinion,
Grain operators loudly talk OF imme.
date war, and the positiveness with
which they express their opinion has
already bad its effect upon thu mar.
ket. II is O good cry 10 bull gram
with. Dealers In br~eadstuffs, who
would perhaps be most sffected by war
In Europe, have not yet made much
preparation for an active market.
Bankers who do a large foreign bust
ness are very reticent about express
ing any opinion.
Forest III. Parker, president Of the
Produce Exchange National Bank,
said to your reporter: 'These war
rumors have undoubtedly had some
effect In the exchanges, and the mar
ket has been somewhat II huenced by
them. But it is difficult for anyone to
predict whether wal will come now or
some months hence. II looks like
War, but l do not regard 1t as imme-
date, although IL may be declared any
day. So far the advantages taken Of
the rumors on the exchanges / believe
amounts to little more than betting, as
1t were. II the Russian ports should
be closed a demand would be created
for our grain and there would be
activity in breadstuffs. So far as l
know, those In this line have not yet
formed a business Judgment on what
to act"
There will not be any war;" said
Louis de Bsbian, agent for the French
line OF steamers. TT 10 too cold in
winter to fight and too hot in summer.
l do not think that all this wal talk
amounts to anything. l have not been
able to fud out on what it is based,
though my knowledge is gle med from
the newspapers"
The manager Of the North German
Lloyd Steamship Company took an
entirely different view OF the matter.
81 think war is coming" he said, "and
that 1t is not very far off. France is
very active, and 1t looks as though she
thought she saw her chance for re-
venge and would bring on war 1t
may not come for some time, but l am
1t will soon be declared. AL
ready the rumors have affected
the passenger traffic. That l
is the cause for the falling
of Of business. The bookings are
not nearly so large as last year ut this
time, and while it is difficult to &C.
count for the difference exactly, it
seems as though the prospect Of war
is the only thing to bring that about.
are apparently cautious about
abroad just now, and think it is
Iust as well to wait until the war clouds
roll by"
Henry Gillig, manager of the Ameri.
can Exchange in Europe, said: 81
do not think the war is immineGt, but
l am led to believe from the express
siors OF my correspondents that the
trouble will certainly eliminate in an
encounter within the next eighteen
months"
Messrs. Kidder, Peabody & O.. said
that their late advices from European
correspondents did not indicate any
p disability Of war.
O. b. Richardson, agent fer the
Packet Line, said: ~ do not
look for war on the other side. There
nothing in any Of our reports from
abroad about the general war feeling
hat is said to exist there. OF course
would hear OF such thing at once;
that is, If 1t was at all serious. No, |
believe in the rumurs of war"
Mr.. Barbour, of Pat on & Co., egents
the Monarch Line, said his company
knew nothing about any threatened
federation of war in Europe. A gam
in the White Star office said
company had heard Of no project
war movements, except in the
newspapers.
j. Terkulie, agent Of the Italian
inc OF steGmers, said: "Thece will
no war; nobody wants 10 fight, and
Why are they going to fight anyway"
M. Sanford, of the Winchester Re-
Arms Company, was Of the
that war would follow the
present complications, and that il it
lid it wou'd be beneficial to the fire.
lrm manufacturers of this country.
Mr.. Frsz.r, Of the Military Supply
said that as the foreign
Countries were not yet prepared for
Var, there was no danger OF one in the
lear future, and that il it did take
,lace. the only military supplies
America would be called upon to
urnish would be cartridges.
Mr.. Furman, representing the Rem.
ngton Rifle Company, said: 81 think
here will be no wsr among the Euro
'esn powers. II there should be one,
however, our trade would be beue-
tied, and We would expect orders"